Q151. Special Economic Zones (SEZs) in Rajasthan are primarily established to:
Rajasthan Economy: RAS Prelims MCQs
721 RAS Prelims practice MCQs on the economy of Rajasthan are on this page, in 11 chapters. They cover the macro overview and State budget, agriculture, industry, the service sector, energy and transport infrastructure, rural development and Panchayati Raj, the State Finance Commission, education, health and the major welfare schemes. Each question has an answer and an explanation.
Practice questions based on the RPSC RAS Prelims syllabus. They follow the exam pattern but are not past-paper questions.
Showing 151–160 of 721 questions
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Q152. In which year was the most recent comprehensive version of the Rajasthan Investment Promotion Scheme (RIPS) launched to attract massive industrial investments?
Explanation
The most recent comprehensive Rajasthan Investment Promotion Scheme (RIPS) was launched in 2022.
Q153. Which of the following pairs regarding the focus areas of the Invest Rajasthan Summit and its targeted outcome is correctly matched?
Explanation
The Invest Rajasthan Summit has focus areas such as E-Mobility, where the target is the development of electric vehicle manufacturing ecosystems. The other pairs are mismatched.
Q154. Match the thrust sector under RIPS 2022 in List I with its core industry example in List II.
| Thrust Sector | Industry Example |
|---|---|
| A. Sunrise Sectors | i. Solar panel manufacturing |
| B. Green Sectors | ii. Green Hydrogen |
| C. Traditional Sectors | iii. Data Centers |
| D. IT & ITeS | iv. Textiles and Apparel |
Explanation
Sunrise sectors include green hydrogen, green sectors include solar panel manufacturing, traditional sectors include textiles and apparel and IT and ITeS include data centres. This gives A-ii, B-i, C-iv, D-iii.
Q155. Which of the following statements regarding the ‘Invest Rajasthan Summit’ is correct?
Explanation
The Invest Rajasthan Summit was held to sign MoUs and letters of intent to catalyse growth. It was open to international investors and did not ban private investment.
Q156. Consider the following objectives of the Rajasthan Investment Promotion Scheme (RIPS) 2022:
I. To foster balanced regional development across the state.
II. To generate massive employment opportunities.
III. To eliminate all forms of environmental regulations for new industries.
Which of the above statement(s) is/are correct?
I. To foster balanced regional development across the state.
II. To generate massive employment opportunities.
III. To eliminate all forms of environmental regulations for new industries.
Which of the above statement(s) is/are correct?
Explanation
RIPS 2022 aims at balanced regional development and the generation of employment. It does not eliminate environmental regulations, so III is wrong.
Q157. Under the standard provisions of industrial investment promotion schemes in Rajasthan, which of the following sectors is generally NOT eligible for special manufacturing incentives and exemptions?
Explanation
Under the standard industrial investment promotion schemes, retail trading and purely commercial complexes do not get special manufacturing incentives. Manufacturing of renewable energy equipment, medical devices and agro-processing do.
Q158. The following question consists of two statements, one labeled as Assertion (A) and the other as Reason (R).
Assertion (A): RIPS 2022 provides customized packages and higher exemptions for "Sunrise Sectors" like Green Hydrogen and Medical Devices.
Reason (R): The state aims to transition towards future-ready, high-technology, and sustainable industries beyond its traditional manufacturing base.
Assertion (A): RIPS 2022 provides customized packages and higher exemptions for "Sunrise Sectors" like Green Hydrogen and Medical Devices.
Reason (R): The state aims to transition towards future-ready, high-technology, and sustainable industries beyond its traditional manufacturing base.
Explanation
RIPS 2022 gives customised packages and higher exemptions for sunrise sectors such as green hydrogen and medical devices. The aim is to move the State towards future-ready, high-technology and sustainable industry, so R explains A.
Q159. What is the most appropriate reason for the Government of Rajasthan providing massive exemptions in stamp duty and electricity duty under RIPS?
Explanation
Exemptions in stamp duty and electricity duty under RIPS lower the initial costs of investors and help make Rajasthan a competitive destination.
Q160. Consider the following incentives generally offered under the Rajasthan Investment Promotion Scheme (RIPS):
I. 100% exemption on Stamp Duty
II. 100% exemption on Electricity Duty for a specified period
III. Investment subsidy equivalent to a percentage of SGST
IV. Employment generation subsidy
V. Guaranteed procurement of 100% of the manufactured goods by the state government
Which of the above correctly represents the actual incentives provided under the scheme?
I. 100% exemption on Stamp Duty
II. 100% exemption on Electricity Duty for a specified period
III. Investment subsidy equivalent to a percentage of SGST
IV. Employment generation subsidy
V. Guaranteed procurement of 100% of the manufactured goods by the state government
Which of the above correctly represents the actual incentives provided under the scheme?
Explanation
RIPS offers exemptions on stamp duty and electricity duty, an investment subsidy linked to SGST and an employment generation subsidy. It does not guarantee the purchase of all the goods by the State Government, so V is wrong.Answer key for these questions
| Q | Correct answer |
|---|---|
| 151 | (b) Export-oriented enclaves with tax holidays and world-class infrastructure |
| 152 | (c) 2022 |
| 153 | (d) E-Mobility - Development of electric vehicle manufacturing ecosystems |
| 154 | (a) A-ii, B-i, C-iv, D-iii |
| 155 | (b) Its objective was to sign MoUs and LoIs to catalyze growth. |
| 156 | (a) I and II only |
| 157 | (a) Retail trading and purely commercial complexes |
| 158 | (a) Both A and R are true and R is the correct explanation of A. |
| 159 | (c) To lower initial costs and make the state a competitive destination |
| 160 | (b) I, II, III and IV |
Key facts from Rajasthan Economy
- The RPSC syllabus lists the economy of Rajasthan as the second part of the Economy paper.
- Many questions ask for a Rajasthan-specific fact: a scheme, a year, a district or an institution.
- The State budget chapter tests terms such as revenue deficit and fiscal deficit through the FRBM Act and the State’s debt.
- Infrastructure chapters cover solar and wind energy, DISCOM finances, highways, the DMIC and the Jaipur Metro.
- The national economy chapters are on the Indian Economy page.
Frequently asked questions
How many RAS Prelims practice MCQs are there on Rajasthan Economy?
This page has 721 practice MCQs on Rajasthan Economy. Each has the correct answer, and most have an explanation.
Which chapters does the Rajasthan economy set cover?
Eleven chapters: macro overview and State budget; agriculture; industry; the service sector; energy infrastructure; transportation and communication; rural development and Panchayati Raj; State Finance Commission and fiscal devolution; education; health; and the major welfare schemes of the Rajasthan Government.
Is the Rajasthan economy in the RAS Prelims syllabus?
Yes. RPSC lists the economy of Rajasthan as the second part of the Economy paper, after economic concepts and the Indian economy, so both parts are examined in the same paper.
How can I prepare the Rajasthan economy chapters?
Keep a list of schemes with their year, objective and target group, and a list of district-wise crops and industries. Attempt each chapter, read the explanation of every miss and revise the list a few days later.